Part 2- Estimate Build Costs The land you are planning to buy for the brewery is for sale for $100,000. You are planning on contracting out the parts of the job yourself. From the various specialties you receive the following cost ranges: Specialty Optimistic Cost Most Likely Cost Pessimistic Cost Site Preparation & Foundation $15000 22500 31000 Structure 400000 525000 600000 Utilities 30000 37000 40000 Equipment Install 150000 200000 275000 Finishing 50000 70000 100000   Using three-point estimation, determine the cost estimate to build the brewery.

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Pricing Construction Equipment

Pricing construction equipment means estimating the cost of operation of all the construction equipment used in a construction project. The pricing is done based on two factors – ownership cost and operating cost of the equipment. Thorough knowledge of the ownership and operating costs is necessary for proper project management and executing profitable construction.